Residents of a Hinsdale townhouse property that was severely damaged in the 2010 floods are hoping that a $2.2 million grant will help them make improvements to keep water at bay without relying on the village of Hinsdale to kick in a portion of the dollars.

The Graue Mill Townhouse Association, which is located north of Ogden Avenue and east York Road, this week applied for the grant from the Federal Emergency Management Association. Federal funds would cover 75 percent – or $1.4 million – of the grant. DuPage County would provide about $362,000 and the remaining $122,000 would be paid by the association.

The homeowners this week asked the village to split the $122,000 cost with them, making the village’s share $61,000. The village board did not take a vote on the matter, but did not seem inclined to support it.

Village Manager David Cook said Thursday the request came in at the last minute and the board was not prepared to authorize it. The deadline for submitting the grant was Feb. 8.

“We need more information and to look at it further,” he said.

Cook said the funds would be used to pay for such work as building retention ponds, compensatory storage and re-locating utilities.

Homeowners suffered significant losses in the 2010 floods.

“There were 17 townhouses that were flooded out and people lost everything,” Cook said.

The 47-acre site contains 25 acres that are on a flood plain, but many of the homes were built before FEMA issued a flood plain and floodway map.

Peter Schroth, president of the Graue Mill Homeowners Association, said they were disappointed the village board did not provide $61,000 for the projects.

“We did go ahead with submitting the grant application. We can’t afford to miss out on it,” he said.

He said it is unlikely the homeowners will approach the village again for the funding.

“I don’t think it would pay us to spend any more time with a re-application,” he said.

He said the homeowners expect to hear in about three months whether their application was approved.